Relais Group (OHEL:RELAIS) ROCE % : 12.38% (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Relais Group ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Relais Group's annualized ROCE % for the quarter that ended in Mar. 2024 was 12.38%.

Relais Group ROCE % Historical Data

The historical data trend for Relais Group's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Relais Group ROCE % Chart

Relais Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

5.36

9.70

11.46

6.95

9.92

Relais Group Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															9.84	4.58	13.17	13.06	12.38

Relais Group ROCE % Calculation

Relais Group's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	25.122	/	( ( (312.775 - 61.028)	+	(329.124 - 74.305) )	/ 2 )
	=	25.122	/	( (251.747	+	254.819)	/ 2 )
	=	25.122	/	253.283
	=	9.92 %

Relais Group's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	31.284	/	( ( (329.124 - 74.305)	+	(324.012 - 73.267) )	/ 2 )
	=	31.284	/	( ( 254.819	+	250.745 )	/ 2 )
	=	31.284	/	252.782
	=	12.38 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Relais Group (OHEL:RELAIS) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Relais Group ROCE % Related Terms

Thank you for viewing the detailed overview of Relais Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Relais Group (OHEL:RELAIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Relais Group PLC (OHEL:RELAIS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mannerheimintie 105, Helsinki, FIN, 00280

Website

https://www.relais.fi

Relais Group PLC is engaged in the development of automotive electrical equipment and spare parts. The company operates through various brands comprising of Startax, Awimex, ABR, and Huzells. The company has two reportable segments involve Finland&Baltics and Scandinavia. The Finland&Baltics segment sells car spare parts, equipment and commercial vehicle repair and maintanance services through companies operating in Finland, Estonia and Latvia. The Scandinavia segment also sells car spare parts, equipment and commercial vehicle repair and maintanance services through its companies in Sweden, Norway and Denmark. Majority of revenue is derived from Scandinavia.

Relais Group (OHEL:RELAIS) Headlines

No Headlines